Sutter Health continued to see rapid growth in outpatient visits last year, while admissions remained flat. Those trends, along with rising expenses across the board, led to a pinched operating margin for the 25-hospital system.
A new analysis of hospital finances offers fresh fodder in the debate over the role that hospital consolidation and prices play in the growth of U.S. healthcare costs.
Fostering a culture of transparency on performance measures is one of the key strategies used by the health systems that made this year's list of Truven Health Analytics' 15 Top Health Systems.
California patients who want to take advantage of the state's new aid-in-dying law are likely to face challenges in finding cooperative providers, at least initially. But two major systems say they'll support physicians who participate.
Ascension is looking to its Caribbean joint venture with India's Narayana Health to provide a model for enhancing hospital productivity. But bringing the model home would require major changes in physician and nurse behavior, an overhaul in surgical and postoperative care, and regulatory reforms.
Sutter Health, the 25-hospital, Sacramento, Calif.-based system, is issuing $500 million in bonds to help finance the construction of three replacement hospitals.
More than 220 employees at Kindred Hospital La Mirada in California voted to join the Service Employees International Union. The SEIU's growing membership is trying to raise California's minimum wage to $15 an hour and fully fund Medi-Cal, the state's Medicaid program.
Sutter Health, a 25-hospital system based in Sacramento, Calif., overcame rising costs in the third quarter as it saw additional revenue from higher volume, fewer self-pay patients and the return of the state's provider fee program.
Sutter Health, the Sacramento, Calif.-based system, continued to benefit from higher Medicaid payments and a decrease in uninsured. But like many of its peers, the 25-hospital group is grappling with higher labor and supply costs.
A new group of innovators are entering the final phase of the federal electronic health-record program as its focus shifts away from implementation and toward quality outcomes and patient-centered data exchange.
Healthcare systems face broader unfunded pension liabilities as they make long overdue updates to their assumptions for retiree longevity, and raise the level of assets they will need to account for a falling discount rate.
Sutter Health reported that it nearly doubled its operating margin in the first quarter of the year as admissions increased and more patients had insurance. The Sacramento, Calif., system also disclosed that it entered into a $3 million settlement in May with the U.S. Justice Department.